LiveDeal Inc. Now Offers Over 10,000 Deals Available at Over 8,000 Dining Establishments

LiveDeal Inc. (NASDAQ:LIVE) ("LiveDeal" or the "Company"), a publicly
traded company that operates www.livedeal.com,
a geo-location based mobile marketing platform that enables restaurants
to publish “real-time” and “instant offers” to nearby consumers, today
announced that it has reached a significant milestone on the Company’s
mobile platform with 10,000 restaurant deals available at over 8,000
dining locations in 35 major US cities.

Recently livedeal.com
reached the 5,000 available deals mark in only New York City, Los
Angeles, San Francisco and San Diego, but the Company quickly surpassed
that mark and has grown to 10,000 listed-deals in 35 major US cities as
of May 28, 2014.

Jon Isaac, President and CEO of LiveDeal said of the number of deals now
available on the Company’s platform, “We are very pleased with the
enthusiasm with which restaurants are adopting our geo-location based
deal engine and with the robustness of the technology. Thousands of
deals are routinely uploaded onto the platform in real-time for local
consumers to view and participate.”

Mr. Isaac continued, “We have assembled an experienced procurement
team which has worked overtime to educate restaurant owners on our
platform, identify opportunities, and develop relationships. We believe
that reaching this milestone so quickly is a testament not only to the
well-designed architecture of the deal engine, but also that our
platform filled a void by giving restaurants complete control of their
own promotions.”

What is livedeal.com?

livedeal.com
is a unique, real-time "deal engine" that connects merchants with
consumers. The Company believes that it has developed a
first-of-its-kind web/mobile platform providing restaurants with full
control and flexibility to instantly publish customized offers whenever
they wish to attract customers. The website includes a number of user
and restaurant-friendly features, including:

an intuitive interface enabling restaurants to create limited-time
offers and publish them immediately or on a preset schedule that is
fully customizable;

state-of-the-art scheduling technology giving restaurants the freedom
to choose the days, times and duration of the offers, enabling them to
create offers that entice consumers to visit their establishment
during their slower periods;

advanced publishing options allowing restaurants to manage traffic by
limiting the number of available vouchers to consumers;

a user-friendly mobile and desktop web interface allowing consumers to
easily browse, download and instantly redeem "live" offers found on
livedeal.com based on their location.

Restaurants can sign up to use the LiveDeal platform at the Company's
website (www.livedeal.com).

About LiveDeal Inc.

LiveDeal Inc. provides marketing solutions that boost customer awareness
and merchant visibility on the Internet. LiveDeal operates a deal
engine, which is a service that connects merchants and consumers via an
innovative platform that uses geo-location, enabling businesses to
communicate real-time and instant offers to nearby consumers. In
November 2012, LiveDeal commenced the sale of marketing tools that help
local businesses manage their online presence under the Company's
Velocity Local™ brand. LiveDeal continues to actively develop, revise,
and evaluate these products and services and its marketing strategies
and procedures. For more information, visit www.livedeal.com.

Forward-Looking and Cautionary Statements

This press release contains "forward-looking" statements that are based
on present circumstances and on LiveDeal's predictions with respect to
events that have not occurred, that may not occur, or that may occur
with different consequences and timing than those now assumed or
anticipated. Such forward-looking statements, including any statements
regarding the plans and objectives of management for future operations
or products, the market acceptance or future success of our products,
and our future financial performance, are not guarantees of future
performance or results and involve risks and uncertainties that could
cause actual events or results to differ materially from the events or
results described in the forward-looking statements. Forward-looking
statements are made only as of the date of this release and LiveDeal
does not undertake and specifically declines any obligation to update
any forward-looking statements. Readers should not place undue reliance
on these forward-looking statements.

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